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In the UK there is also a 'pull' system (Direct Debit) in which you instruct your bank that a given third party can regularly take money out of your account unt
by djmobley 9y ago
In the UK there is also a 'pull' system (Direct Debit) in which you instruct your bank that a given third party can regularly take money out of your account until further notice.
It's commonplace for bill payments, subscription services, etc.
- eterm 9y agoAnd should be noted that not anyone can receive direct debits so there still isn't a large need for secrecy of routing numbers.